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Deciphering the Essence of Life Insurance Retirement Plans (LIRP)


Welcome back to The Double Play Channel where I show you how you can put your money to work in two places at one time by leveraging the cash value of a maximum over-funded life insurance policy to invest in real estate. If you are researching Life Insurance and Real Estate Investing, you've come to the right place, so be sure to hit the like and subscribe buttons right now because you won't want to miss any of this valuable content. In this video, I am talking about life insurance retirement plans or LIRPs. life insurance retirement plans are totally underrated compared to other forms of retirement investing. However, it is important to understand that a life insurance retirement plan can generate two to three times the incomefrom the same amount of savings.That means dollar for dollar you can get more future retirement income from money going into a LIRP then from money going into traditional retirement assets. That's a BOLD statement. Watch the video to see me provide the receipts. Jump to 2:41 to skip intro. • Support this channel financially: buymeacoff.ee/tomrutkowski • Schedule an appointment with me: • The Double Play FB Group: • Website: innovativeretirementstrategies.com • Connect with me on LinkedIn: www.linkedin.com/in/tomrutkowski/ • E-Mail me for a copy of the presentation slides: tom@innovativeretirementstrategies.com Can I qualify for Life Insurance? If you have any concerns about underwriting, be sure to check out my Radical Recovery Facebook group: Say goodbye to Type-2 Diabetes, High Blood Pressure... Website: * Infinite Banking & Real Estate Investing: * Is Indexed Universal Life or Whole Life better for Real Estate Investing: * What to Look For In A Properly-designed Illustration: * Minimum & Maximum Over-funded Policies: * Home Page: * eBook: This Policy Design Mistake Could Cost You Thou$ands: Other Important Links: * The Double Play Facebook Group: * The Double Play YouTube Channel: Recordings of webinars: * Which is better for The Double Play: Indexed UL or Whole Life? * Minimum vs Maximum Funded Life Insurance Policies * Debunking the Common Myths About Life Insurance * Premium Financing * Understanding Costs In a Maximum Over-funded Policy * Infinite Banking and Real Estate Investing * The #1 Mistake People Make When Setting Up a Policy for Real Estate Investing * Is Buy Term and Invest the Difference Really Better? Let’s Analyze the Numbers...(read more)



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Understanding Life Insurance Retirement Plans (LIRP) Life Insurance Retirement Plans, commonly known as LIRPs, have gained significant popularity in recent years as a retirement savings tool. With their unique features and benefits, LIRPs offer individuals a viable and attractive option to secure their financial future. LIRPs are a type of permanent life insurance policy that allows policyholders to build cash value over time. Unlike traditional life insurance policies, LIRPs are primarily designed to provide income during retirement, making them an ideal solution for those looking to supplement their retirement savings. One of the key advantages of LIRPs is their tax treatment. Similar to other life insurance policies, the growth in cash value within a LIRP is tax-deferred. This means that policyholders can accumulate wealth without paying income taxes on the gains as long as the money remains within the policy. It offers an opportunity for individuals to maximize their savings potential by benefiting from compounding interest. Moreover, LIRPs provide a death benefit to beneficiaries in the event of the policyholder's passing, offering financial protection to loved ones. This death benefit is typically tax-free, providing a significant advantage compared to taxable retirement accounts such as 401(k)s and traditional IRAs. It assures individuals that their loved ones will be financially secure even after their demise. Additionally, policyholders have the flexibility to access their cash value in retirement. Unlike retirement accounts with penalties for early withdrawals, LIRPs allow individuals to withdraw funds without facing any penalties, commonly known as the "5-year rule." This gives policyholders the freedom to access their savings when needed, providing an added layer of security and convenience during retirement. Furthermore, LIRPs offer protection against market volatility. While traditional investment accounts are subject to market fluctuations, LIRPs provide a guaranteed minimum interest rate, ensuring a stable growth of cash value and protecting against losses. This makes LIRPs particularly attractive for those who are risk-averse or looking for a secure retirement savings option. It is worth noting that LIRPs may come with certain fees and charges, such as insurance expenses and administrative costs. These charges can vary depending on the policy and the insurance provider. Therefore, it is crucial to thoroughly understand the terms and conditions of the LIRP before making any commitments. In conclusion, Life Insurance Retirement Plans (LIRPs) offer individuals a valuable retirement savings tool with unique features and benefits. With tax advantages, death benefits, flexible access to cash value, and protection against market volatility, LIRPs provide individuals with a secure and efficient way to supplement their retirement funds. It is essential for individuals to thoroughly evaluate and understand the terms and fees associated with LIRPs and consult with a financial advisor to determine if it aligns with their financial goals and objectives. https://inflationprotection.org/deciphering-the-essence-of-life-insurance-retirement-plans-lirp/?feed_id=126841&_unique_id=64d821558ed13 #Inflation #Retirement #GoldIRA #Wealth #Investing #4rule #howdoesalifeinsuranceretirementplanwork #IndexedUniversallife #indexeduniversalliferetirement #lifeinsurance #lifeinsuranceretirementplanexplained #lifeinsuranceretirementplanLIRP #lookbeforeyoulirp #ruleof72 #Rutkowski #taxfreeincomefromLifeInsurance #TaxFreeIncomeinRetirement #TaxStrategiesforretirement #thepowerofzero #understandinglifeinsuranceretirementplanprosandcons #usingindexeduniversallifeforretirementincome #QualifiedRetirementPlan #4rule #howdoesalifeinsuranceretirementplanwork #IndexedUniversallife #indexeduniversalliferetirement #lifeinsurance #lifeinsuranceretirementplanexplained #lifeinsuranceretirementplanLIRP #lookbeforeyoulirp #ruleof72 #Rutkowski #taxfreeincomefromLifeInsurance #TaxFreeIncomeinRetirement #TaxStrategiesforretirement #thepowerofzero #understandinglifeinsuranceretirementplanprosandcons #usingindexeduniversallifeforretirementincome

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